5 d. ago Donald Trump claims he could clinch global trade deals 'all in one day' as world holds its breath

President Donald Trump leaves everyone guessing as he backtracks over 'reciprocal' tariffs on most of the world, but insists 'more great days coming', while the world holds its breath

Politics

5 d. ago Starmer urged to accelerate global trade deals after Trump tariff chaos

Exclusive: The UK is warned it cannot isolate itself from the effects of a trade war between the US and China after Donald Trump’s U-turn on tariffs

Economics

5 d. ago Will Trump’s tariff chaos be China’s gain in global trade wars?

As China retaliates against tariffs, it is also making strategic manoeuvres on EU and Asia to maximise opportunitiesBusiness live – latest updatesOn the basis of Napoleon’s dictum “never interrupt your enemy while they are making a mistake”, there was a large incentive for China to do precisely nothing as Donald Trump displayed his determination to lose friends and induce market panic. Indeed, the Chinese advocates of passivity cited a social media meme attributed to President Xi Jinping: “Do nothing. Win.”Initially it was tempting for China to sit back and watch the US’s former allies recoil at Trump’s disruptive war on globalisation and let them realise that, by comparison, China represented an oasis of stability, modernity and predictability. Continue reading...

Events

5 d. ago Trump’s tariff chaos is already hammering these small businesses

Trump’s pause on tariffs won’t help many of these businesses who rely on imports from China

Politics

6 d. ago Trump brags world leaders are ‘kissing my ass’ as tariff chaos rocks markets

President boasts at National Republican Congressional Committee dinner: ‘I know what I’m doing’US politics live – latest updatesDonald Trump has insisted “I know what the hell I’m doing” by imposing sweeping tariffs and bragged that world leaders are “kissing my ass” as they try to negotiate trade deals.The US president was speaking to political donors at the National Republican Congressional Committee’s annual fundraising dinner in Washington on Tuesday night. Continue reading...

Politics

6 d. ago Companies’ rush to promise new US factories threatened by Trump tariff chaos

New plants will take years to build and executives are wary of committing while trade policy is unclear

Events

7 d. ago FTSE higher as global markets rebound on hopes for trade deals

The FTSE 100 finished up by 2.71%, or 208.45 points, to close at 7,910.53.

Economics

7 d. ago Jon Stewart mocks Republicans for being ‘so chill’ despite Trump tariff chaos

The Daily Show host takes a swipe at MAGA supporters who brush off the impacts of Trump’s trade war

Politics

7 d. ago Tariffs driving India to strike trade deals, finance minister says ahead of UK talks

Nirmala Sitharam says turmoil forcing countries to seek accords beyond old ideological and political tiesIndia is seeking to strike more trade deals with other countries at a time of “global uncertainty”, its finance minister, Nirmala Sitharam, said before talks with the UK chancellor, Rachel Reeves.Sitharam, who serves as finance and corporate affairs minister in Narendra Modi’s government, said she was hopeful the UK and India would finalise a free trade deal “sooner rather than later”. Continue reading...

Economics

7 d. ago Trump tariff chaos hits PlayStation and Nintendo hard as game companies shaken by rollout

Japanese gaming companies have been hit hard in the earliest days of President Trump's tariffs, including Nintendo has it prepares to launch its Switch 2 console in June

Events

7 d. ago Jon Stewart ridicules Trump’s new nickname following trade tariff chaos

‘Your economic policy has the same tagline as season 3 of Squid Game?’ joked Stewart

Events

7 d. ago Bombshell poll shows what Brits now think of US after Donald Trump's tariff chaos

Eye-opening data shows 15% of UK voters now view the US as an enemy, while just 43% believe Washington is an ally as alarm grows over Donald Trump's swingeing tariffs

Events

8 d. ago Roller coaster US stock markets fall heavily again amid Trump tariff chaos

Latest gyrations on Walls Street come after more than £80 billion wiped off London’s FTSE-100

Economics

8 d. ago Roller coaster US stock markets bounce back amid Trump tariff chaos

Latest gyrations on Walls Street come after more than £80 billion wiped off London’s FTSE-100

Politics

1 week ago Richard Branson pleads for Donald Trump to realise ‘mistake’ of his tariff chaos

‘Courage and self-awareness are cornerstones of true leadership – that includes acknowledging errors and making corrections,’ Virgin boss tells US president

Politics

1 week ago Starmer to hold talks with other global leaders to discuss response to Trump tariffs, says No 10 – UK politics live

UK prime minister to speak to international leaders this weekend to ‘maintain stability and strengthen our partnerships abroad’Trump claims Starmer ‘very happy’ about tariffsDowning Street has refused to confirm President Trump’s claim that Keir Starmer was “very happy” about the treatment the UK is getting under the new US global tariff regime. (See 9.32am.) Asked about the president’s words at the morning lobby briefing, the PM’s spokesperson said that the government had already set out its position yesterday and that it was “disappointed” by the US tariff policy.Livia Tossici-Bolt has been sentenced at Poole magistrates’ court to a conditional discharge for two years for two charges of breaching a “buffer zone” outside an abortion clinic in Bournemouth, PA Media reports. See 11.22am. Continue reading...

Politics

1 week ago David Lammy says he regrets Trump has embraced protectionism, something not seen in US ‘for nearly a century’ – UK politics live

David Lammy, foreign secretary, says UK is ‘a nation that believes in open trade’ and says government is negotiating with US over economic agreementAn anti-abortion campaigner at the centre of a free speech controversy involving the US government has been found guilty of breaching a “buffer zone” outside a Bournemouth abortion clinic, PA Media reports. PA says:Livia Tossici-Bolt was convicted at Poole magistrates’ court of two charges of breaching the Public Spaces Protection Order on two days in March 2023.The case involved the 64-year-old from Bournemouth holding a sign saying “Here to talk, if you want”.But I think our approach should be to slightly stand back and think, what does Britain want, and can it get from the rest of the world, and what can we contribute?And in that regard, it’s important to realise that the rest of the G7, except the US, collectively are the same size as the United States. And I would have thought a very sensible thing to be doing is having a serious co...

Politics

1 week ago David Lammy says Trump has taken US economic policy back 100 years with ‘return to protectionism’ – UK politics live

David Lammy, foreign secretary, says UK is ‘a nation that believes in open trade’ and says government is negotiating with US over economic agreementThe official plan to increase access to NHS dental services in England has been a “complete failure”, and some of the government’s initiatives have worsened the crisis, a damning report warns, Andrew Gregory reports.David Lammy, the foreign secretary, is at the Nato HQ in Brussels this morning, where Nato foreign ministers are meeting. Speaking to the media, he said President Trump was taking US economic policy back almost a century by embracing protectionism. He said:The United Kingdom, like France, is a great maritime nation.We are a nation that believes in open trade, and I regret the return to protectionism in the United States, something that we’ve not seen for nearly a century. Continue reading...

Politics